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>> the government does not need any more money, the country needs less government. neil: what do you think with what john boehner has come up with? that was his opening offer. >> it makes no sense to negotiate with ours when a president has not put a serious offer on the table. we need to remind americans, we do not need to take more money from the economy and give it to incomincompetent politicians and bureaucrats, we're not talking about revenue problem, we have doubled our spending but they' more money, and they want republicans to vote to pay for obama's welfare state, we did not vote for it. neil: you would not -- you would not support a hike in taxes in anyway shape or form? >> no but we will get more revenue if we reform our tax code and a pro-growth way, 3/10 of 1% will generate more revenue than what president obama is taxing about what he says tax the rich, his proposal does not add a drop in the buckie on the our problem. this is not a plan or a solution, this is a political trophy, to the left. and republicans should not go along with it. neil: you know,
>> the government does not need any more money, the country needs less government. neil: what do you think with what john boehner has come up with? that was his opening offer. >> it makes no sense to negotiate with ours when a president has not put a serious offer on the table. we need to remind americans, we do not need to take more money from the economy and give it to incomincompetent politicians and bureaucrats, we're not talking about revenue problem, we have doubled our...
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Nov 29, 2012
11/12
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in this one area, it seems like our state governments and utilities are actually on the case, which is why you want to own quanta services, power, pwr, the company that builds out any infrastructure and a killer pipeline business. what's not to like? after the break, i'll try to make you more money. >>> coming up -- >> how should of pleasure. >>> pending home sales rose to a five-year high today, but which stock should you moved into is it as the foundation for growth and housing becomes more secure. tonight it's an open house for three potential plays on a real estate rebound. which one should you put an offer out on? with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in you
in this one area, it seems like our state governments and utilities are actually on the case, which is why you want to own quanta services, power, pwr, the company that builds out any infrastructure and a killer pipeline business. what's not to like? after the break, i'll try to make you more money. >>> coming up -- >> how should of pleasure. >>> pending home sales rose to a five-year high today, but which stock should you moved into is it as the foundation for growth...
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Dec 7, 2012
12/12
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it is unreasonable tt expect politicians to get us out of thhs mess before the government decides to go after & aalofty goal such as olving the fiscal cliff, it should focus on reachinggsome more cooplex tax reform and entitlement restructuuing. greece and he rest of the european unnon have dealt with many euro members impending default for several ears. it is hubrii for the us government to think they can &psolveetheee problees within are basking n sshadenfreude resolvv uufunded benefits of our weetern european welfare state.for more on this story &pvisit behind the headlines dd net. and follow us twitter and pacebook.im armstrong williams. 3 3 3 3 3 -tease countdown
it is unreasonable tt expect politicians to get us out of thhs mess before the government decides to go after & aalofty goal such as olving the fiscal cliff, it should focus on reachinggsome more cooplex tax reform and entitlement restructuuing. greece and he rest of the european unnon have dealt with many euro members impending default for several ears. it is hubrii for the us government to think they can &psolveetheee problees within are basking n sshadenfreude resolvv uufunded...
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>> i believe government is here to fix our streets, roads, and protect us, but they don't need to protect people from their jobs. >> three cheers for her. you at home who understand it's freedom, not central planning that gives us better lives, that's our show. thanks for watching, i'm john stossel. ♪ lou: the obama administration tonight ramping up dlomatic efforts to end seer -- syris bloody civil war and the fear assad could use chemical weapons against his own people. the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meetg with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the support, and toda a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop
>> i believe government is here to fix our streets, roads, and protect us, but they don't need to protect people from their jobs. >> three cheers for her. you at home who understand it's freedom, not central planning that gives us better lives, that's our show. thanks for watching, i'm john stossel. ♪ lou: the obama administration tonight ramping up dlomatic efforts to end seer -- syris bloody civil war and the fear assad could use chemical weapons against his own people. the...
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the government say we're all in this together they say there's a big society but when you look at it there's one rule for the average man in the man or woman in the street there's a totally different system for those people who have billions and billions of pounds like philip green unlikely as are the big corporations well let's talk about starbucks for a second because starbucks again it was the target of a campaign five or six years ago by reverend billy was in london with a major campaign it didn't really gain much traction but now u.k. uncut as got starbucks coughing up some more taxes and in fact. they just two weeks ago were saying that well we're not going to pay more taxes but you can't get is applying some pressure and now they are going to be paying taxes and there's a big campaign coming up december eighth write another and another big part of this campaign talk about the starbucks campaign and what's what's happening coming up in early december sure so when we found out it was. see a reuters report that kind of exposed starbucks bad practices when we heard about that with
the government say we're all in this together they say there's a big society but when you look at it there's one rule for the average man in the man or woman in the street there's a totally different system for those people who have billions and billions of pounds like philip green unlikely as are the big corporations well let's talk about starbucks for a second because starbucks again it was the target of a campaign five or six years ago by reverend billy was in london with a major campaign it...
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and there's no sign they had to reverse the support, and today, a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop the bloodshed in syria and begin a political transition to a post asad future. the pressure against the regime in and around damascus seems to be increasing. lou: at home, leon pa net fa issuing the -- panetta issuing the sharpest warning yet. >> the president of the united states made it clear there will be consequences. there will be consequences if the assad regime makes a terrible mistake by using chemical weapons on their own people. lou: neither the white house or pentagon elaborating on what the cons -- consequences would be, but having russia back them would be a determined outcome made by the promise of president obama in dealing with russia after winning a second term as he remarked to the russian president thinking they were off micro
and there's no sign they had to reverse the support, and today, a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop the bloodshed in syria and begin a political transition to a post asad future. the pressure against the regime in and around damascus seems...
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the gadgets and everything but if we actually applied these basic near imperial principles to social governance we would end up with a completely new social order or you can call it a natural or resource based economy basically taking this construct of what are works like an airplane that flies we build society like an airplane as an engineer type of concept and there's really no other way we live in an arche system that's the best way to describe that we we live in a system where each individual is given this bizarre power to make their own decisions and the assumption that in concert all the whole of society is going to work out for itself provably false that's why you have one percent of the population owning forty percent of the planet's wealth because the value system disorder the psychology generated by the system completely disallow any type of balance to occur in a structural sense so sustainability and public health these issues are thrown out the window in this model not only because of the values you don't know in people's fear but because the very system itself keeps them. pounding
the gadgets and everything but if we actually applied these basic near imperial principles to social governance we would end up with a completely new social order or you can call it a natural or resource based economy basically taking this construct of what are works like an airplane that flies we build society like an airplane as an engineer type of concept and there's really no other way we live in an arche system that's the best way to describe that we we live in a system where each...
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Dec 7, 2012
12/12
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here's what we don't to have look forward to, the federal government's response. the u.s. attorney in seattle put out this: >> cenk: way to change with the times. of course, all the conservatives who want to crack down on pot are the same guys, state's rights oh, you want to smoke pot, you don't have a right to do that. one of the concerns is how about d.u.i.'s and how will these new laws affect that. >> you want to know why i pulled you over? littering and smoking the reefer. >> driving while high. more drivers are toking up. yet studies in this shows too much marijuana affects coordination and judgment. >> one of the first and important being the reduced ability to divide one's attention. >> marijuana advocates say it is less debilitating than alcohol. some say those who drive within three hours of smoking possibility are twice as likely to cause a crash. >> cenk: the seattle police department put out a picket with some words on it that might be very clear as to what their in tent is for their citizens and police officers. the dude abides. welcome to a new america. i lov
here's what we don't to have look forward to, the federal government's response. the u.s. attorney in seattle put out this: >> cenk: way to change with the times. of course, all the conservatives who want to crack down on pot are the same guys, state's rights oh, you want to smoke pot, you don't have a right to do that. one of the concerns is how about d.u.i.'s and how will these new laws affect that. >> you want to know why i pulled you over? littering and smoking the reefer....
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Dec 6, 2012
12/12
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it's not just about paying some government to have more but about putting millions to work who are now jobless because that's what happens in a boom. we put them to work. and, yes, spending's got to come down. are they so obtuse, to quote andy dufrane that they can't see this? and, yes, i'm talking about both sides. it's driving me crazy. how do i know that things would be so great if we could only get beyond the stupid politically created crisis? let's go over the reasons. first, in terms of how well we could be doing, think about this. the barely capitalist don't innocent that is europe has settled down into some sort of permanent no-growth mode and yet almost every one of the stock markets is doing better than ours. come on, washington, that's ridiculous. how can the markets in switzerland, netherlands, germany do better than us? how is that possible? because of you, washington. it's because of you. we've been kept back all because of you. second, before our politicians stepped in with the intransigence and anger, we were about to have an explosion in earnings. retail was stronger t
it's not just about paying some government to have more but about putting millions to work who are now jobless because that's what happens in a boom. we put them to work. and, yes, spending's got to come down. are they so obtuse, to quote andy dufrane that they can't see this? and, yes, i'm talking about both sides. it's driving me crazy. how do i know that things would be so great if we could only get beyond the stupid politically created crisis? let's go over the reasons. first, in terms of...
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Nov 30, 2012
11/12
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i call this storm a wake-up call to government officials and the utilities they regulate all over this country to finally start fixing our aging infrastructure. it's not just that the storm knocked out power in the northeast. one of the reasons why it took days or even weeks for people in new york or new jersey to get electricity back is because our grid is outdated. did you know that 30% of our infrastructure is already approaching the end of its usefulness?. another 30% is approaching the end of its usefulness. this equipment should have been replaced ages ago. one of the reasons why you're disgusted in the northeast about what happened, and you have right to be. after sandy i think we'll finally start tackling this issue and start taking it seriously. one of the reasons is our lousy electrical grid is also a security threat. heaven forbid a terrorist wanted to do some damage. all they would have to do is knock out a couple power substations, which are generally only protected by chain-link fence. one substation knocked out all of lower manhattan. take a look at this clip. doesn't th
i call this storm a wake-up call to government officials and the utilities they regulate all over this country to finally start fixing our aging infrastructure. it's not just that the storm knocked out power in the northeast. one of the reasons why it took days or even weeks for people in new york or new jersey to get electricity back is because our grid is outdated. did you know that 30% of our infrastructure is already approaching the end of its usefulness?. another 30% is approaching the end...
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Dec 6, 2012
12/12
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looks like the italian government is going to survive. you see italian stocks were down throughout the day. the problem about this, the structure of italian politics makes the country ungovernable. brian, there's 12 political parties in the chamber of deputies. that's the lower house. you get coalitions together and they routinely topple the governments. this has been a problem since world war ii. they've got to gig ofigure out better way to govern the country. >>> we've got huge volume today on apple. it will do 40 million shares, probably twice normal. it went positive earlier in the day on that very good news about doing some production of the mac in the u.s. >> they've got too many and maybe we have too few. somewhere in the middle is the answer. bob pisani, thank you. >>> your top stock story today is -- what else -- apple. it is making a small comeback after hitting a nine-month low earlier today but it's been a run to forget for one of the most owned stocks in the world. it's down 7% over the past week. here's your headline of the
looks like the italian government is going to survive. you see italian stocks were down throughout the day. the problem about this, the structure of italian politics makes the country ungovernable. brian, there's 12 political parties in the chamber of deputies. that's the lower house. you get coalitions together and they routinely topple the governments. this has been a problem since world war ii. they've got to gig ofigure out better way to govern the country. >>> we've got huge...
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Dec 5, 2012
12/12
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but that's not the way government works. they get briefed on economic stuff one minute and they run into a meeting and get briefed on the mating habits of a spotted owl or some other cause that they'll be asked to vote on later in the day, too. it's just the way our government works. >> whatever happens, we'll probably get some tax changes here, which investors are going to matter. which ones are the standout and how much time have you got to deal with it? >> well, there are a lot of them, the standouts. the biggest ones are the dividend and capital gains. companies are borrowing money to jam money out the door in special dividends to beat the deadline. so anyone that says the tax policy doesn't matter as it relates to economic conditions is really out of their mind. it really does make a difference. so i think when you look at dividends, capital gains, i think individuals for the last minute is when so many things get done, the article that i wrote for cnbc.com talks about the power of the last minute. if you've been procra
but that's not the way government works. they get briefed on economic stuff one minute and they run into a meeting and get briefed on the mating habits of a spotted owl or some other cause that they'll be asked to vote on later in the day, too. it's just the way our government works. >> whatever happens, we'll probably get some tax changes here, which investors are going to matter. which ones are the standout and how much time have you got to deal with it? >> well, there are a lot...
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Dec 7, 2012
12/12
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and outside of government falsified. the main argument is it is upon us and more is coming. more changes coming. some of that likud islamist forces will need to figure out how to best use their power to shape and influence. >> thank you very much. i'm to run. extra bonus points if you can wait that hamon cheese eating islamist line america. >> a couple of closing points. first, we can collectively -- maybe i'll just say myself, generally with project a certain bigotry of low expect nations on muslims in the arab cultural world, which is those of us who are various religious faiths here know the extent to which we practice our faith in how faithful we are to this or that religious prescription. do we know that we fall pretty darn sure, but we think muslims, they'll pray five times a day. it never touched a scotch. every commandment that is in islam and of course they all submit to the will of their local imam et cetera, if better comic better. it doesn't work that way. muslim is in general is not so far different than acc
and outside of government falsified. the main argument is it is upon us and more is coming. more changes coming. some of that likud islamist forces will need to figure out how to best use their power to shape and influence. >> thank you very much. i'm to run. extra bonus points if you can wait that hamon cheese eating islamist line america. >> a couple of closing points. first, we can collectively -- maybe i'll just say myself, generally with project a certain bigotry of low expect...
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Dec 4, 2012
12/12
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government that use drones. so i think that's a fairly narrow denial, and, listen, i don't buy a lot of what i hear and read on iranian -- in the iranian state media. some of it is pretty crazy stuff. on the other hand, it's perfectly plausible this has happened. it's happened at least twice before. in october iran tried to shoot down a drone. they captured a cia drone about a year ago. one of the lessons here, one of the things the viewers should conclude from this is iran is the most watched country in the world. the u.s. has satellite intelligence, drone intelligence, human intelligence. israel, saudi arabia, russia, everyone watches iran, and that's an important conclusion to keep in mind. >> so, jim, if it isn't, in fact, our drone and our story is the truth, it's clearly a mystery to us as well whos, who might be flying drones out there? >> pretty etch everyone at this point is flying drones. iran has a lot of countries that don't like it in the region. then there are israel obviously has drones and, in fa
government that use drones. so i think that's a fairly narrow denial, and, listen, i don't buy a lot of what i hear and read on iranian -- in the iranian state media. some of it is pretty crazy stuff. on the other hand, it's perfectly plausible this has happened. it's happened at least twice before. in october iran tried to shoot down a drone. they captured a cia drone about a year ago. one of the lessons here, one of the things the viewers should conclude from this is iran is the most watched...
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history of attempts to disenfranchise voters mr abbott wouldn't have a problem with these observers our government goes to great lengths to ensure free and fair elections in other countries so there's no reason why we shouldn't allow the rest of the world to watch ours but if we did i guess that might expose the millions that are disenfranchised the rigging the voting machines are flawed electoral college. and the entire sham that is the us electoral system and that's why i'm breaking the set. one year ago today a police state reared its ugly head in my city of oakland california less than a month after the occupy oakland encampments began the oakland p.d. aggressively rated them without warning brutalizing and arresting dozens of occupiers now as terrifying as it was the thing that gave me the most hope was seeing how the community reacted thousands of oakland residents peacefully march in the streets to protest the aggression from the oakland p.d. check this out. sorry that gentleman standing next to the soldier holding the veterans for peace is iraq war veteran scott olsen who was standing next
history of attempts to disenfranchise voters mr abbott wouldn't have a problem with these observers our government goes to great lengths to ensure free and fair elections in other countries so there's no reason why we shouldn't allow the rest of the world to watch ours but if we did i guess that might expose the millions that are disenfranchised the rigging the voting machines are flawed electoral college. and the entire sham that is the us electoral system and that's why i'm breaking the set....
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Dec 7, 2012
12/12
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a clashes of pro and anti-government mobs. president morsi is promising to meet with opposition leaders but won't give up his absolute power over the government. he is also refusing to cancel next week's vote on a new constitution. president obama spoke with morsi yesterday via phone, calling the violence unacceptable. >>> and back here at home, we get a new snapshot of the economy this morning, when the government releases its jobs report for the month of november. it's believed that several factors combined seriously hampered last month's hiring. among them, concerns about the looming fiscal cliff. and other factors, as well. abc's tahman bradley has that story from washington. >> reporter: the fiscal cliff is still three weeks away. but the economy may have already taken a hit. economists predict the government's monthly jobs report, due out later this morning, will show that employers added fewer than 100,000 workers in november. superstorm sandy may be part of the reason job creation slowed. but worry over the fiscal clif
a clashes of pro and anti-government mobs. president morsi is promising to meet with opposition leaders but won't give up his absolute power over the government. he is also refusing to cancel next week's vote on a new constitution. president obama spoke with morsi yesterday via phone, calling the violence unacceptable. >>> and back here at home, we get a new snapshot of the economy this morning, when the government releases its jobs report for the month of november. it's believed that...
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Dec 6, 2012
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not the government service but the cost of the government service. >>> jim iuorio, let's talk about these fiscal cliff expectations. are you seeing anything in this debate, jim, that you think of as investable, actionable, right now? >> well, sure. we tend to think of this as a binary event. either we come to a solution or don't come to a solution. i say that's not the case. there's three different things. one we come to a solution the market accepts and likes, one that it hates or we go over the fiscal cliff. one that the market hates and going over the fiscal cliff seem more likely to me. either one will be an economic drag. i like procter & gamble, big companies with good cash flow that are somewhat recession proof. >> thank you very much, jim iuorio. >>> in the weeks before christmas, not a creature was stirring. not even the house. accept, of course, on twitter where one of the top trending words is cliffmas. in a fiscal cliffmas used in a tweet from the reformed broker, josh brown. according to the congressional daily, the hill, illinois senator dick durbin also jumped on the phrase
not the government service but the cost of the government service. >>> jim iuorio, let's talk about these fiscal cliff expectations. are you seeing anything in this debate, jim, that you think of as investable, actionable, right now? >> well, sure. we tend to think of this as a binary event. either we come to a solution or don't come to a solution. i say that's not the case. there's three different things. one we come to a solution the market accepts and likes, one that it hates...
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Nov 30, 2012
11/12
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it's the same government. they've chosen to raise revenues with a flat tax rather than an income tax. >> so would you support a bumper sticker that says "blame your governor, not your president"? >> i'm not here to run campaigns. i'm just here to put out the information. people who are concerned about it ought to be thinking about the state and local level. a lot of the trend is happening there. >> it was a thought-provoking article. thank you very much for joining us. >>> on the issue of those proposed tax hikes, one freshman republican is taking a big back pedal on signing grover norquist's tax pledge. see, when representative chris gibson took over in 2010 as a candidate t his new york congressional district was the 20th. he signed it. but now through redistricting, he represents the 19th district instead. he's saying his signature on that doesn't hold water because he changed districts. turns out grover norquist is not buying that. a line in the pledge states, it's made to the american people to avoid that
it's the same government. they've chosen to raise revenues with a flat tax rather than an income tax. >> so would you support a bumper sticker that says "blame your governor, not your president"? >> i'm not here to run campaigns. i'm just here to put out the information. people who are concerned about it ought to be thinking about the state and local level. a lot of the trend is happening there. >> it was a thought-provoking article. thank you very much for joining...
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Nov 30, 2012
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it was a lot of government spending and a lot of other things. second, i think the market is looking forward at a weak fourth quarter number. >> where is bianco research with regard to estimates for fourth quarter growth? >> we were two before sandy and now well under two with sandy and if we get no fiscal cliff deal or kind of a milk toast deal i think we'll stay at those sub par numbers in the 2013. >> even without sandy you didn't think it would be much above 2%. >> right. i'm in the camp the economy is still struggling along. not a recession but not doing very good. >> let's switch gears. there have been many articles out. you always point them out to me. the world's been bearish from treasuries and the world of economists and analysts for years now and they've been wrong. what do you think at this point? >> same thing. bloomberg does a survey of about 80 or 90 economists a month. >> i don't know who they are. >> i've heard of that. 95% of them in the last survey said rates would be high inner six months. you know what? that's been what they'
it was a lot of government spending and a lot of other things. second, i think the market is looking forward at a weak fourth quarter number. >> where is bianco research with regard to estimates for fourth quarter growth? >> we were two before sandy and now well under two with sandy and if we get no fiscal cliff deal or kind of a milk toast deal i think we'll stay at those sub par numbers in the 2013. >> even without sandy you didn't think it would be much above 2%. >>...
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Dec 4, 2012
12/12
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the europeans offered sensible plans and responsible governments stepped in. if you had been able to borrow a ton of money to buy them it would have worked. it may have been the single best investment of the 21st century. we are gripped by a similar hysteria about our own country. companies perceived to be the biggest loser. but it turned out to be an amazing trade. the stock traveled to $7.72. >> i can tell from the trading in the name it is not going to happen just yet. there are sellers everywhere. the only thing they have going for them is the debt. we know that when the cliff jump price jumps, well, i say the worst has been prepared for it. and key bank may be the worst of the bunch. it has been a terrible investment up until things turned. and then we will look back and say what were we thinking. why didn't we bid 7 and buy key bank instead of selling it like everybody else? stick with cram eexcramer. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is s
the europeans offered sensible plans and responsible governments stepped in. if you had been able to borrow a ton of money to buy them it would have worked. it may have been the single best investment of the 21st century. we are gripped by a similar hysteria about our own country. companies perceived to be the biggest loser. but it turned out to be an amazing trade. the stock traveled to $7.72. >> i can tell from the trading in the name it is not going to happen just yet. there are...
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you see when the economy collapses the government will collapse. melissa: ali, thanks so much for coming on. we appreciate your time. >> thank you. melissa: it is enough to make yelp users scream. a woman rips apart a business in a review. now the owner is suing her for $750,000. that owner is here in an exclusive interview to explain why. that is coming up next. at the end of the day it is all about money [ roasting firewood ] ♪ many hot dogs are witin you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stres ship fedex express by december 22nd for christmas delivery. melissa: so much for a penny for your thoughts. how does $750,000 sound? that is what one yelp and angie's list user is being sued for, all because she wrote a critical review. isn't that what the sites are kind of for? here in a fox business exclusive, anoth
you see when the economy collapses the government will collapse. melissa: ali, thanks so much for coming on. we appreciate your time. >> thank you. melissa: it is enough to make yelp users scream. a woman rips apart a business in a review. now the owner is suing her for $750,000. that owner is here in an exclusive interview to explain why. that is coming up next. at the end of the day it is all about money [ roasting firewood ] ♪ many hot dogs are witin you. try pepto-bismol to-go, it's...
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Dec 7, 2012
12/12
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CURRENT
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people don't understand that to get spending going in the economy, the government has to buy goods and services. it's not enough to put dollars into people's pockets because a lot of of it gets suspended or used to pay down at the timeette debt. the key thing that would help the most is not putting enough money into public works. clearly, we have a vast, your own state needs at least $50 billion to fix up from the hurricane, and to put into place some things that will prevent future damage. the roads are falling apart the bridges are falling apart there's crying needs. this is a win-win for the economy. >> eliot: this sounds very much like paul krugman has been calling out for this, there are ways to get demand back to where it needs to be to stimulate hiring. the two consequences the deficit hawks said would result is interest rates would go up and inflation would spike. neither has happened. why not? >> that's right. because we still don't have an economy that is operating anywhere close to potential. we have vast unused resources people unemployed who could be working. we could hire
people don't understand that to get spending going in the economy, the government has to buy goods and services. it's not enough to put dollars into people's pockets because a lot of of it gets suspended or used to pay down at the timeette debt. the key thing that would help the most is not putting enough money into public works. clearly, we have a vast, your own state needs at least $50 billion to fix up from the hurricane, and to put into place some things that will prevent future damage. the...
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Dec 7, 2012
12/12
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CNBC
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but the new french government promised that its tax the rich policies would help the economy. why are we in the usa imitating failure? did you know that california and new york and hawaii are also poised to hit their richest people with a greater than 50% tax rate? isn't that great? emulate france. here now is jim pethokoukis of the american enterprise institute. jim, i thought we wanted to emulate success, not furl. >> i thought so, too. listen, the president wants to run an experiment and see how high we can crank up tax rates in this country without it hurting economic growth. they're already running it in europe, in france, in great britain. the entire european experiment here has been one of tax hike austerity. even though they focus on the spending cuts, you're talking about a high tax area raising taxes even higher. we're trying to to do the same thing here. >> least the brits have the humility to acknowledge their mistake. they took the rate from 40% 050%. millionaires left the island. now they're coming back and dropping it to 45%. at least the brits have some humilit
but the new french government promised that its tax the rich policies would help the economy. why are we in the usa imitating failure? did you know that california and new york and hawaii are also poised to hit their richest people with a greater than 50% tax rate? isn't that great? emulate france. here now is jim pethokoukis of the american enterprise institute. jim, i thought we wanted to emulate success, not furl. >> i thought so, too. listen, the president wants to run an experiment...
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Dec 6, 2012
12/12
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MSNBC
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government. and i welcome that. he's choosing to do it outside now rather than inside the senate but he's had a huge, positive influence on the senate and we're going to continue to see that for years to come. >> senator, this may seem like a simple question, but i wonder, and a lot of people do is the senate from your perspective, is the senate a difficult place to be if you are someone who comes from executive background or someone committed to getting things done? is it a frustrating place to exist, day in and day out? >> i would say to you, i saw the article that you wrote earlier today, governors do -- who are used to having their own planes and flying around their states and controlling their own schedules do find it more challenging in the senate. i came from the state senate in wyoming. i enjoyed the opportunity to work with people on both side of the aisle to discuss the issues and continue to try to move proposals forward that i believe in about. i believe this is a place where you can
government. and i welcome that. he's choosing to do it outside now rather than inside the senate but he's had a huge, positive influence on the senate and we're going to continue to see that for years to come. >> senator, this may seem like a simple question, but i wonder, and a lot of people do is the senate from your perspective, is the senate a difficult place to be if you are someone who comes from executive background or someone committed to getting things done? is it a frustrating...
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Dec 6, 2012
12/12
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KPIX
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mcafee believes he is a victim of a government conspiracy. the story has to get out. i have documentation that improves the intense corruption. now that i'm in a safe place. >> mcafee was arrested for entering guatemala illegally. he is facing deportation. >> the dungeness crab season got started and already the boats are idle. crabbers are on strike. we are hearing some restaurants are running low on crab. the problem, bubbled to the surface sunday when crabbers heard that fish brokers were going to drop the price from $3 a pound to as low as $1.80. >> it's been a year since state lawmakers lost a sweet perk. their free cars. many were so fond of their rides they decided to buy them back. they made a few improvements first and guess who is paying for that. >> reporter: three days before state senator surrendered her state issued prius she got a 55 point vehicle inspection, new water pump. state tax pairs paid more than $800. then she bought the car for personal use. her staff declined comment. according to an associated press report, 47 of the 64 lawmakers bought the
mcafee believes he is a victim of a government conspiracy. the story has to get out. i have documentation that improves the intense corruption. now that i'm in a safe place. >> mcafee was arrested for entering guatemala illegally. he is facing deportation. >> the dungeness crab season got started and already the boats are idle. crabbers are on strike. we are hearing some restaurants are running low on crab. the problem, bubbled to the surface sunday when crabbers heard that fish...
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Dec 7, 2012
12/12
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instead, leaving the implementation up to the federal government. christie says the federal government failed to provide the answers he needed to make a fiscally sound decision. the move came after christie met with the president at the white house to discuss federal disaster relief. the state health insurance exchange is a key component to the obama care. it allows millions of middle class households as well as small businesses to shop for private insurance. states must decide by next friday if they want to set up their own exchange. they will -- they were allowed more time to mull over the decision after many republican governors delayed action. perhaps expecting a different outcome to the presidential election. new jersey is just the latest state with a republican governor to opt for the federal government to step in and create the exchange. let's turn to former vermont governor howard dean and former chairman of the dnc and contributor to cnbc. governor dean, good to have you with us tonight. i think you know this whole story well. these republi
instead, leaving the implementation up to the federal government. christie says the federal government failed to provide the answers he needed to make a fiscally sound decision. the move came after christie met with the president at the white house to discuss federal disaster relief. the state health insurance exchange is a key component to the obama care. it allows millions of middle class households as well as small businesses to shop for private insurance. states must decide by next friday...
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Dec 5, 2012
12/12
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CNBC
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government spending sliced where it should be and and the bloated defense budget. unnecessary social programs. me? i think we aren't where we need to be yet when the it comes to abandoning all the hope. i think the postfiscal cliff world has -- not to matter. those people are polyannas. i think we go into a recession with lots of layoffs and the fiscal cliff was designed to compromise. the cliff was designed to scare legislators into rising above politics and compromise. everyone knew about the growth. just like in europe. means it could be, in fact, reduced dramatically. fewer jobs, larger deficit. not smaller. and the federal reserve that's throwing up its hands, can't do anything. as i said last night, it doesn't matter. we can pick our stocks and buy them down. like the fabulous names, amazon, ulta salons. buy them down in scales like i outline in the book "real money." now suggesting other groups giving you a bang for the buck. new groups betting that the hope will be squeezed out and the bottom gets put in before a deal is made -- or not. why not? we know the
government spending sliced where it should be and and the bloated defense budget. unnecessary social programs. me? i think we aren't where we need to be yet when the it comes to abandoning all the hope. i think the postfiscal cliff world has -- not to matter. those people are polyannas. i think we go into a recession with lots of layoffs and the fiscal cliff was designed to compromise. the cliff was designed to scare legislators into rising above politics and compromise. everyone knew about the...
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Nov 29, 2012
11/12
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KOFY
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. >>> the government's plan to set off a nuclear bomb on the moon. >> the top secret papers just uncovered [ female announcer ] what would you call an ordinary breakfast pastry that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster strudel. pillsbury toaster strudel. so delicious...so fun. faster than mandy can hang up on mr. monday. you hang up first. [ female announcer ] in just 60 seconds, you've got snack-defying, satisfying totino's pizza rolls. [ ringing ] it's on. let's roll. remarkable. newly unclassified documents show there was a planned nuclear explosion planned for the moon. it was conceived during the cold war and the plan called for a ballistic missal to be launched from the earth. they considered using a bomb about the size of the one dropped on hiroshima, but a year later the u.s. dropped the project. >> can you imagine that? >>> we are getting ready forayeders day -- for raiders day on december 6th. it will kick off with a -- with the abc news at 4:00. we will broadcast the game against the den
. >>> the government's plan to set off a nuclear bomb on the moon. >> the top secret papers just uncovered [ female announcer ] what would you call an ordinary breakfast pastry that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster strudel. pillsbury toaster strudel. so delicious...so fun. faster than mandy can hang up on mr. monday. you hang up first. [ female announcer ] in just 60 seconds, you've...
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Dec 7, 2012
12/12
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CURRENT
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. >> eliot: this has been a fascinating education in the rules of governing. >> i'm glad you brought it up. the opportunity actually allowed democracy, small d., to work. >> eliot: this is where the two sides are bumping heads. my suspicion is that the republicans will cave on rates and say ok, we'll give you your tax breaks for the 98% but not vote to raise the debt ceiling try to use that. >> i think the president will insist as part of any agreement that we deem with the debt ceiling. the republicans can allow the tax cuts to proceed and say we're going to work on round two. the american public did not look kindly on the republicans holding the entire economy hostage. the fiscal cliff is bad, but not irretrievable. you can go into january and still put the pieces back together. as you know, defaulting on the debt is irretrievable thing. that's the economic equivalent of a nuclear weapon. that is a big dynamite compared to the fiscal cliff crew having said that, as they get to the year end, i think they'll say we'll vote to extend middle class tax cuts. our leverage is greater beca
. >> eliot: this has been a fascinating education in the rules of governing. >> i'm glad you brought it up. the opportunity actually allowed democracy, small d., to work. >> eliot: this is where the two sides are bumping heads. my suspicion is that the republicans will cave on rates and say ok, we'll give you your tax breaks for the 98% but not vote to raise the debt ceiling try to use that. >> i think the president will insist as part of any agreement that we deem with...
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Dec 1, 2012
12/12
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MSNBCW
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we have $2.5 trillion that we're taking in every year on the federal government and $3.5 trillion that we're spending. so, we're going to need a balanced approach of both revenue and spending cuts to teat there. so, that's what the president has been talking about and certainly something i can support. >> "the wall street journal" today senior administration officials say the white house not making any new offers until republicans change their opposition to raising top tax rates in this country. as a businessman, that would be directly affected by an impasse like that, as would millions of americans. how do you feel about that? >> how i feel, i'm 100% confident we'll resolve the fiscal cliff pretty much a day or two before christmas. what is happening now the public posturing that has to happen in a negotiation so that each side can make their base happy as people move to the middle. once they get behind closed doors and recognize that they have enough good ideas on the table, they'll pick the best ones of those and meet somewhere in the middle to get us somewhere between where the pre
we have $2.5 trillion that we're taking in every year on the federal government and $3.5 trillion that we're spending. so, we're going to need a balanced approach of both revenue and spending cuts to teat there. so, that's what the president has been talking about and certainly something i can support. >> "the wall street journal" today senior administration officials say the white house not making any new offers until republicans change their opposition to raising top tax rates...
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. >> reporter: the syrian government has vowed not to use chemical weapons against its own people but it regards the opposition as foreign terrorists. >> pelley: david, thank you. those so-called foreterrorists are actually the syrian people who rose up against the 41-year-old assad family dictatorship. it's estimated 40,000 people have been killed, mostly civilians. one reason assad has held on-- he's had the support of russia but that may be changing. in ireland today, secretary of state hillary clinton, met with the russian foreign minister. it happened at a meeting of the organization for security and cooperation in europe, known as the ocof sce, and margaret brennan is covering for us tonight. margaret. >> reporter: well, scott, officials familiar with those talks say the russians now think that bashar al-assad may not survive the war and they want to have influence in syria if his regime falls, or if he loses control of the chemical weapons inside of his country. u.s. officials are particularly concerned that those weapons could fall into the hands of an al qaeda affiliate activ
. >> reporter: the syrian government has vowed not to use chemical weapons against its own people but it regards the opposition as foreign terrorists. >> pelley: david, thank you. those so-called foreterrorists are actually the syrian people who rose up against the 41-year-old assad family dictatorship. it's estimated 40,000 people have been killed, mostly civilians. one reason assad has held on-- he's had the support of russia but that may be changing. in ireland today, secretary...
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Dec 4, 2012
12/12
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CNBC
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the government doesn't help. you can own pieces of silver and pieces of gold. >> do you have some on you right now? >> no, i don't. i have it buried in the backyard. i have it in a vault. never bury your gold in the backyard. >> i'll remember that. thank you for that advice. >> first we have to get backyard. >> el paso electric company celebrating tenth anniversary. yit celebrating its 100th anniversary. want to go straight to mary thompson with breaking news out of fdic. >> this is the fdic's third quarter breaking profile looking at how banks performed in the third quarter. profits for insured institutions rising to best levels in six years in the third quarter. higher profits driven by higher revenue and lower loan loss provisions. the company's third quarter operating revenue increased by 3% in the last quarter and that's a positive sign. it was the first time for the world's largest revenue that banks posted in three years. loan balances increased. it was slightly less than in the second quarter. we should a
the government doesn't help. you can own pieces of silver and pieces of gold. >> do you have some on you right now? >> no, i don't. i have it buried in the backyard. i have it in a vault. never bury your gold in the backyard. >> i'll remember that. thank you for that advice. >> first we have to get backyard. >> el paso electric company celebrating tenth anniversary. yit celebrating its 100th anniversary. want to go straight to mary thompson with breaking news out...
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Dec 7, 2012
12/12
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we have to pay for all this government. the big mistake is growing government. >> although there's a room for balance, i don't say peter's wrong entirely, the fact of the matter is the top 2% are not paying their fair share. american people don't think so. the numbers don't add up. if you want a deal here, you're going to have to raise the rates and then if you want to talk about spending cuts, as i think the president will eventually do, you'll see a last-minute agreement. >> first of all, i'm in the top 2%. i'm paying 45% of my total income in income tacks boxes to state of connecticut and the government. >> you need a better accountant, peter. >> more than half of my income is going to go to the government. you tell me, what's fair about that? >> i'll tell you what's fair about that -- >> i'm paying half. excuse me. i don't care what the majority voted to do. they don't have a right to steal my money just because they vote for it. >> i'll tell you what the problem is. we're in a crisis. we're in a crisis caused by the bu
we have to pay for all this government. the big mistake is growing government. >> although there's a room for balance, i don't say peter's wrong entirely, the fact of the matter is the top 2% are not paying their fair share. american people don't think so. the numbers don't add up. if you want a deal here, you're going to have to raise the rates and then if you want to talk about spending cuts, as i think the president will eventually do, you'll see a last-minute agreement. >> first...
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Nov 29, 2012
11/12
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KGO
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. >>> the government's plan to set off a nuclear bomb on the moon. >> the top secret papers just uncovered when abc7 news at [ female announcer ] what would you call an ordinary breakfast pastry that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster strudel. pillsbury toaster strudel. so delicious...so fun. [ female announcer ] go from zero to pizza in just 60 seconds with totino's pizza rolls and grab a bite of snack-defying, satisfying... because pizza...never...misses. it's on. let's roll. remarkable. newly unclassified documents show there was a planned nuclear explosion planned for the moon. it was conceived during the cold war and the plan called for a ballistic missal to be launched from the earth. they considered using a bomb about the size of the one dropped on hiroshima, but a year later the u.s. dropped the project. >> can you imagine that? >>> we are getting ready forayeders day -- for raiders day on december 6th. it will kick off with a -- with the abc news at 4:00. we will broadcast the game agains
. >>> the government's plan to set off a nuclear bomb on the moon. >> the top secret papers just uncovered when abc7 news at [ female announcer ] what would you call an ordinary breakfast pastry that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster strudel. pillsbury toaster strudel. so delicious...so fun. [ female announcer ] go from zero to pizza in just 60 seconds with totino's pizza rolls and grab...
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it is a taxpayer funded drill by the department of foam-hand security, your government and there is a lot more where this came captioning sponsored by comedy central ( theme song playing ) ( cheers and applause ) ♪ ♪ oh merry ♪ ♪ ♪ (cheers and applause) >> stephen: welcome to the report, thank you for joining us! stephen, stephen, stephen! stephen, stephen, stephen! stephen, stephen, stephen! (cheers and applause) thank you, ladies and gentlemen. thank you so much, folks. there is tons of excitement in the air tonight. it is the final night of hobbit week. (cheers and applause) i'm so excited, folks. i'm so excited about tonight's show, i have been camping outside my studio since 5 a.m. dressed as my favorite character. tonight's guest director peter jackson. (cheers and applause) who has requested that tonight's interview be broken into three parts and aired every december until 2014. you know, folks, it's just been a great week. and spending time with the creators of the hobbit for the past four days has changed me in ways i never expected. i mean it's hard to put my finge
it is a taxpayer funded drill by the department of foam-hand security, your government and there is a lot more where this came captioning sponsored by comedy central ( theme song playing ) ( cheers and applause ) ♪ ♪ oh merry ♪ ♪ ♪ (cheers and applause) >> stephen: welcome to the report, thank you for joining us! stephen, stephen, stephen! stephen, stephen, stephen! stephen, stephen, stephen! (cheers and applause) thank you, ladies and gentlemen. thank you so much, folks. there...